Continuing our series of commonly asked questions, we asked Houston-based Attorney Ambria Wilmore about refinancing a home using the (f)(2) or “conversion” loan option:
Does BMG offer any additional resources to help lenders comply with these requirements?
Absolutely. If you do not already have access to our Texas Home Equity Manual, then I recommend you reach out to your Client Relations Representative for the password. It’s a comprehensive resource to help compliance professionals dive into the complexities of Texas home equity laws, while also providing quick access to answers of frequently asked questions.